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Dec 12, 2012
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technology is dark matter. it's touching everything all the time, and improving things and creating productivity. so i would be very bullish about the future as long as we have good public policy. good public policy. i can't mention all the countries we do business with, a lot of them, but i would mention north korea, cuba, venezuela, among others. that's what public policy can do if you're not intelligent. >> one public policy you've advocated for is immigration reform. >> yes. >> how would that change your business? >> i tell people, corporate taxes, our tax system is pushing capital at the margin overseas. now we're taking brains. i believe 40% of those who graduate with advanced degrees in the united states in science, technology, engineering, math, are foreign nationals. we used to welcome them with open arms. in fact, a lot of you are foreign nationals, or if you weren't, your parents were or your grandparents here. they were welcomed with open arms. life, liberty and pursuit of happiness. we're now telli
technology is dark matter. it's touching everything all the time, and improving things and creating productivity. so i would be very bullish about the future as long as we have good public policy. good public policy. i can't mention all the countries we do business with, a lot of them, but i would mention north korea, cuba, venezuela, among others. that's what public policy can do if you're not intelligent. >> one public policy you've advocated for is immigration reform. >> yes....
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Dec 10, 2012
12/12
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spin off of the security technology business. the unit is the smallest of the business segments but it announced a $2 billion share buyback and a 31% dividend increase. information management solutions provider, intermeck is being bought by honeywell. about a 25% premium. apple, jefferies -- jefferies cutting its price target to 800 from 900. so, you know, i don't know if you can use that in your analysis of what to do with it but jefferies no longer thinks that it should be 900. now looking at 800. i don't know, i guess finally figured out what the quote was and hid it into his machine and said wait a minute, 900? let's go to 800. and expedia is among the latest batch of companies to declare a special dividend in advance of the end of the year. also, "washington post" accelerating all its 2013 dividends. big supporter of the president, but not above paying their dividends to avoid the taxes. >>> when we come back, the path to fiscal compromise. south dakota senator boone thune is making his way to the "squawk" set. also the ceo
spin off of the security technology business. the unit is the smallest of the business segments but it announced a $2 billion share buyback and a 31% dividend increase. information management solutions provider, intermeck is being bought by honeywell. about a 25% premium. apple, jefferies -- jefferies cutting its price target to 800 from 900. so, you know, i don't know if you can use that in your analysis of what to do with it but jefferies no longer thinks that it should be 900. now looking at...
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Dec 7, 2012
12/12
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we went down to metal technologies an auto parts supplier just out of bloomington, indiana, they have five to seven jobs they're ready to fill but they can't fill. in fact, they've had situations where they've had applicants come in, they've hired them and then the people who have been hired have said, do you know what, no thanks, i'd rather stay unemployed. >> we've had people that we've interviewed, that we've agreed to hire, and at the end of the day, they've turned around and said we're not going to take that job. we just found out that unemployment benefits have been extended and they don't take the job. >> that is a common story in the manufacturing industry. this is a big deal because 33% of the auto final assembly plants in the u.s. now run three shifts. you need to fill the second and third shifts. in fact, when you look at the auto parts suppliers over half of them run three shifts. guys, the bottom line is this, if the manufacturers cannot fill the second and third shift openings, they're going to go to light manufacturing, but there's a lot of demand that they're not able
we went down to metal technologies an auto parts supplier just out of bloomington, indiana, they have five to seven jobs they're ready to fill but they can't fill. in fact, they've had situations where they've had applicants come in, they've hired them and then the people who have been hired have said, do you know what, no thanks, i'd rather stay unemployed. >> we've had people that we've interviewed, that we've agreed to hire, and at the end of the day, they've turned around and said...
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Dec 13, 2012
12/12
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there's technology changing. the advent of the robot. there's a bunch of stuff going on besides working off the asset bubble that we have that we probably even, you know, the brains at this table can't sort of see -- >> how big is the balance sheet now? >> it's almost 3 trillion today. >> if people were worried about 3 trillion already. they were saying that's going to be hard to extricate yourself from. we go up a trillion a year now and talking 2016 so we're going to, is that three years, 6 trillion? is that okay? >> you know, it could be that large. i'm not sure if it's okay. bernanke should be credited for being very bold and experimenting. but the problem is, we don't know how any of this ends. we do know that this is likely going to lead to inflation. right? the fed has said 2.5% is the new cap. but if you drill down on the 2.5%. it's their own forecast of inflation. it's not an independent measurement. so they've bought themselves an awful lot of flexibility to be aggressive, and to keep their liquidity flowing. but at the end of
there's technology changing. the advent of the robot. there's a bunch of stuff going on besides working off the asset bubble that we have that we probably even, you know, the brains at this table can't sort of see -- >> how big is the balance sheet now? >> it's almost 3 trillion today. >> if people were worried about 3 trillion already. they were saying that's going to be hard to extricate yourself from. we go up a trillion a year now and talking 2016 so we're going to, is...
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Dec 5, 2012
12/12
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it's highly leveraged towards new technology and medicine and that's one of the great things about good old silver. it really is a performing metal for the good and the bad. >> john, what is the silver market telling you about the global economy and going forward, maybe in north america, europe versus asia. >> i think what the silver market is telling us, it's an extremely volatile metal and i think today you're seeing that volatility playing out. it sits well over $30 and it's been sitting at well over $30 for long term. but what we're seeing in business is it's being driven by macro behavior by investors. investors are really looking at the u.s. position, and their judgment about what they invest in is very much driven by that. so a lot of money going into the likes of the etf, rather than into equities. there's a huge value gap between equities and the silver metal. ultimately that will get arbitrized. >> we want to thank you for joining us today and congratulations on this new find. >> thank you for having me. >>> still to come on "squawk box," the word of the day from morgan stanle
it's highly leveraged towards new technology and medicine and that's one of the great things about good old silver. it really is a performing metal for the good and the bad. >> john, what is the silver market telling you about the global economy and going forward, maybe in north america, europe versus asia. >> i think what the silver market is telling us, it's an extremely volatile metal and i think today you're seeing that volatility playing out. it sits well over $30 and it's been...
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Dec 11, 2012
12/12
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we managed to take over and they needed technology. and why produce there is a huge market. there are 1 billion people right now, the population will double. >> on the continent? >> yeah. on the continent of africa. they have a problem with feud security now. they have 60% of the global reserves of tillable land, which is great news, and only 20% of this land are used today, are farms today. therefore, it is a very interesting market. i'm very proud that we discovered it first and that we will be there also the first to manufacture from the western global players. >> so private corporation. who needs to go into that, the oecd or the investment, some private firms need to come into those countries? yeah. they're all ready, but some of those, this aid money didn't work out that well. so we have a slightly different approach. we opened a fully owned firm in zambia. we called ate demonstration farm where people can -- are invited. we show this is them how mechanized farming has done in the western world. we explained them what teedz to be done. we sell product to them. we financ
we managed to take over and they needed technology. and why produce there is a huge market. there are 1 billion people right now, the population will double. >> on the continent? >> yeah. on the continent of africa. they have a problem with feud security now. they have 60% of the global reserves of tillable land, which is great news, and only 20% of this land are used today, are farms today. therefore, it is a very interesting market. i'm very proud that we discovered it first and...